Broker Payable Commission Analyst

Overview

The organization is seeking a Broker Payable Commission Analyst to ensure outside brokers receive accurate, timely commission payments aligned with executed agreements. This role supports dependable broker relationships, accurate financial reporting, and consistent commission payment practices.

This position is remote and full-time, based in the United States.

Responsibilities

• Calculate, process, and reconcile monthly broker commission payments in accordance with executed agreements and payment terms.
• Maintain accurate broker agreements, commission documentation, payment instructions, and commission settings within Agency Management Systems.
• Audit production and commission reports, investigate variances, and resolve payment discrepancies.
• Act as the primary point of contact for broker commission inquiries and disputes, including independent research, determination of resolutions, and communication/implementation of outcomes.
• Prepare payment files, commission statements, reconciliations, and commission expense reports.
• Prepare supporting documentation for accruals and journal entries to support accurate financial reporting and internal controls.
• Ensure validated payments are entered into the appropriate systems by established payment deadlines.
• Track new agreements, amendments, terminations, and rate changes so payments reflect current terms.
• Collaborate with brokers, regional and agency teams, Finance, and Accounting to resolve questions and coordinate commission activities.
• Lead system enhancements that improve commission processing and provide ad hoc commission and financial analysis.
• Protect confidential broker, banking, client, and organizational information.

Requirements

• 3–5 years of experience in commission administration, accounting, broker compensation, or a related role.
• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field, or equivalent experience.
• Knowledge of broker commission structures, payment terms, audits, reconciliations, accruals, and variance analysis.
• Ability to interpret agreements and apply commission rates, effective dates, and payment schedules accurately—using sound judgment when terms are ambiguous.
• Strong organizational skills and attention to detail while managing monthly deadlines, multiple agreements, and high-volume data.
• Effective communication and collaboration skills with brokers, regional and agency teams, Finance, and Accounting.
• Proficiency with accounting systems and Agency Management Systems, such as Business Central, Epic, and BenefitPoint, along with Microsoft Excel.
• Ability to handle confidential broker, banking, client, and organizational information appropriately.

Preferred Qualifications

• Experience in commission administration, accounting, or broker compensation within the insurance industry.

Compensation & Benefits

Pay Range

• $33.65—$33.65 USD

Benefits (Highlights)

• Multiple medical plan options, with preventive care covered at 100%
• Free virtual medical and mental healthcare for employees and their families, plus a dedicated healthcare concierge
• Employer-paid short-term and long-term disability coverage
• Paid parental leave
• Personalized PTO (without traditional accruals) plus separate sick leave
• Competitive 401(k) company match
• Comprehensive dental and vision coverage
• Employee Assistance Program with confidential mental health, legal, financial, and work-life support

Location

• United States (Remote)